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1 Waterway Ln
Hilton Head Island, SC 29926
Safe Harbor Skull Creek · Specialty Property For Sale
·
2,350 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 2,350 SF |
| Property Subtype | Marina | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1987/2018 |
| Lot Size | 13.32 AC | ||
| Zoning | Waterfront Commercial | ||
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 13.32 AC |
| Building Size | 2,350 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1987/2018 |
| Zoning | Waterfront Commercial |
AMENITIES
- Waterfront
ABOUT 1 WATERWAY LN , HILTON HEAD ISLAND, SC 29926
152 Slip Marina with concrete floating docks on 13.32 acres with a prime location on Hilton Head Island, SC and the Atlantic ICW. New Marinetek concrete docks and utilities installed in 2018 for 1/3 of the slips at a cost of $3.1 M. Marina Operations include a high-volume Fuel Dock on the ICW and 30 ton Haul-out Service and Boatyard. Adjacent existing restaurant property is available for sale (by third party). Valid permits are issued to expand the marina with 70 yacht slips (3,340 LF) - including BIG Funding Approval for $1.3 M. Upland development potential for 21 luxury condominium units. Marina is located within Hilton Head Plantation, a prestigious golfing community - just blocks from the Golf Clubhouse. Marina is offered at 7.24% Cap Rate on existing NOI - with Upside Potential in the permitted marina expansion and upland development.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $68,030 |
PROPERTY TAXES
